WIIT S.p.A.
WIIT S.p.A. is a leading European provider of private and hybrid cloud services for business-critical applications. The company operates in three countries, with a particular focus on Italy and Germany. It serves around 580 medium to large enterprises. The product offerings include Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS).
Issuer: WIIT S.p.A.
Country: Italy
Sector: Infrastructure Software
Deal type: Senior Unsecured Bond
Volume: EUR 215m
Coupon: 4.375%
Maturity: 16/10/2030
Use of Proceeds: Corporate treasury purposes and to finance potential acquisitions and expansions
Berenberg Role: Co-Lead Manager
Syndicate: Placement Agent: Equita; Co-Lead Managers: Berenberg, Finint
Exail Technologies
Exail Technologies is a vertically integrated high-tech company specialising in autonomous maritime robotics and navigation systems.
Ticker: EXA FP
Country: France
Sector: Defence
Listing: Euronext Paris
Offer type: Undated Unsubordinated Unsecured Bonds redeemable into new shares and/or exchangeable for existing shares (ODIRNANE)
Conversion premium range: 25.0% - 30.0%
Coupon range: 4.00% - 4.50%, priced at 4.00%
Issue Price: 100% of the principal amount
Final pricing terms: 4.00% coupon, 25% conversion premium
Use of Proceeds: Strengthen Exail Technologies’ equity base in order to increase its financial flexibility, particularly with a view to the future refinancing of the acquisition of iXblue completed in 2022
Berenberg Role: Co-Lead Manager
Syndicate: Joint Global Coordinators & Joint Bookrunners: BNP Paribas, Natixis; Joint Bookrunner: CACIB; Co-Lead Manager: Berenberg
Timing:
- Launch: 23 September 2025
- Pricing and allocation: 24 September 2025
- Settlement (T+5): 01 October 2025